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Exceptional 2-Unit Cash-Flow Opportunity in the Heart of OTR

Over-the-Rhine
$597,500

For Sale
1 of 51

Owner
Patti W.

220 E Liberty St Cincinnati, OH 45202

220 E Liberty St
Cincinnati, OH 45202

Unlock the ultimate urban living experience and a premier investment opportunity at 220 E. Liberty Street, Cincinnati, OH 45202. Nestled in the absolute heart of the vibrant and historic Over-the-Rhine (OTR) neighborhood, this exceptional 2-unit multifamily property offers the perfect blend of historic character, modern convenience, and incredible financial potential. This property has been fully updated from top to bottom.

This is your chance to own a piece of Cincinnati's most dynamic district. Whether you're a savvy investor seeking a turnkey cash-flowing asset in a high-demand rental area, or an aspiring homeowner looking to "house-hack" your way to financial freedom by letting your tenant pay a significant portion of your mortgage, this property is the key.

The Property Features Two Distinct and Desirable Units:
Unit 1: A private and well-appointed 1-bedroom, 1-bathroom residence. This unit is the ideal income-generator, offering a comfortable and efficient layout that consistently appeals to young professionals and city dwellers seeking the OTR lifestyle.
Unit 2: An expansive 2-bedroom, 2-bathroom residence that offers a superior living experience. The main level provides ample space for living and entertaining. Ascend to the spectacular bonus loft, a versatile and light-filled space perfect for a home office, creative studio, media room, or a private third sleeping area. This unit's size, layout, and unique features make it a truly premium rental or a stunning personal home.

Situated on E. Liberty, you are just steps away from everything that makes OTR the place to be. Imagine starting your weekends with a short stroll to Findlay Market for fresh produce, enjoying an afternoon at Washington Park, or catching a show at the iconic Music Hall. The city's best restaurants, trendiest bars, craft breweries, and unique boutiques are all part of your extended front yard. With easy access to the Cincinnati Bell Connector streetcar, the Central Business District, and major highways, the entire city is at your fingertips.

This is more than just a property; it's a strategic investment in your portfolio and your lifestyle. Opportunities to acquire a multifamily asset of this caliber in such a sought-after location are rare.

Details

  • Home Type: Multifamily
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Year Built: 1885
  • Acreage: 0.035
  • Square Footage: 2,741
  • School District: Cincinnati City School District
  • Annual Tax: $7,524
  • County Value: $340,000

Property Disclosure

Location


Property History

DATE
SELLING PRICE
03/02/2022
$340,000
11/25/1998
$14,500

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